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Operating Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Summary of Components of Lease Cost

The components of lease expense were as follows (in thousands, except years and rate):

 

 

 

Three Months Ended
March 31,

 

 

 

2023

 

Operating lease cost

 

$

985

 

Short-term lease cost

 

 

213

 

Total lease cost

 

$

1,198

 

 

 

 

As of March 31,

 

 

 

2023

 

Weighted average remaining term (years)

 

 

2.58

 

Weighted average discount rate

 

 

3.10

%

 

Summary of Supplemental Cash Flow Information

Supplemental cash flow information related to operating leases was as follows (in thousands):

 

 

 

Three Months Ended
March 31,

 

 

 

2023

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

 

Cash paid for operating lease liabilities

 

$

704

 

Schedule of Operating Lease, Liability, Maturity

Future minimum lease payments under non-cancellable operating leases with initial lease terms in excess of one year included in the Company’s lease liabilities as of March 31, 2023 were as follows (in thousands):

 

Year ending December 31:

 

 

 

Remainder of 2023

 

$

3,343

 

2024

 

 

4,021

 

2025

 

 

3,115

 

2026

 

 

390

 

2027 and thereafter

 

 

 

Total undiscounted operating lease payments

 

$

10,869

 

Less: imputed interest

 

 

(395

)

Total operating lease liabilities

 

$

10,474